SLED IT market will grow from $89 billion in FY 2017 to $97.9 billion in FY 2022
IT Services will continue to be the dominant growth segment within the state, local, and education (SLED) IT market and the only one with growth exceeding the market average.
The market growth rate (CAGR) for the forecast period lags behind the historic growth rate of 2.7% for the verifiable years of 1997-2014.
However, the market is likely to surpass its stimulus-driven peak (FY 2009) in FY 2018 or FY 2019.
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Figure 1. Deltek SLED IT market forecast by segment, FY 2017-2022
Adapting data produced by U.S. Department of Commerce analysis of U.S. gross domestic product (GDP), Deltek's forecast model generates over 2.7 million data points and is the most comprehensive and sophisticated model available for the SLED market.
- Federal Agencies
- Technology Areas
- GovWin Recon
- State, Local and Education